💎 XEM has recently broken out of a resistive trendline and formed an inverse head and shoulders pattern, accompanied by signs of increasing market strength (CHoCH), indicating a shift towards a bullish market structure.
💎In the event that XEMUSDT breaks above the resistance and neckline area of the inverse head and shoulders pattern, we can anticipate potential...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.25870).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XEMUSDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
